CAF-1 · Chapter 6 · Question 15 of 15
Which of the following disclosures is NOT mandatory for intangible assets under IAS 38?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) A list of all competitors operating with similar intangible assets.
Explanation
IAS 38 requires disclosures of useful lives, amortisation methods, and a reconciliation of carrying amounts, but does not require any disclosure regarding competitors.
More IAS 38 Intangible Assets MCQs
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